The consolidated budget report from Nigeria’s Budget Office of the Federation for the three months ending December 2019 shows a combined oil and non-oil revenue shortfall of N1.67 trillion and an annual deficit of N2.26 trillion.
According to the Budget Office, the implementation of the budget in
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Stephen Onyekwelu
Stephen Onyekwelu is BusinessDay’s Strategy & Enterprise Delivery Executive, specialising in turning editorial vision into enterprise outcomes. A former Online News Editor and lead of the Go Local initiative (print, podcast & BDTV in partnership with Providus Bank), he blends investigative storytelling with platform strategy, conference design, and cross-functional delivery.
